PI Global Investments
Hedge Funds

The Taiwan Fund, Inc. (NYSE:TWN) Short Interest Up 2,700.0% in July


The Taiwan Fund, Inc. (NYSE:TWNGet Rating) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 2,800 shares, an increase of 2,700.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is currently 0.3 days.

The Taiwan Fund Trading Up 2.5 %

Shares of NYSE TWN opened at $25.80 on Thursday. The business’s 50 day moving average price is $26.08 and its 200 day moving average price is $30.00. The Taiwan Fund has a 52 week low of $23.72 and a 52 week high of $39.79.

Institutional Investors Weigh In On The Taiwan Fund

Hedge funds have recently bought and sold shares of the stock. Herold Advisors Inc. purchased a new stake in The Taiwan Fund in the 1st quarter worth approximately $39,000. Advisor Group Holdings Inc. boosted its position in The Taiwan Fund by 21.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,652 shares of the company’s stock worth $121,000 after purchasing an additional 651 shares in the last quarter. First Trust Advisors LP purchased a new stake in The Taiwan Fund in the 4th quarter worth approximately $224,000. Belvedere Trading LLC purchased a new stake in The Taiwan Fund in the 2nd quarter worth approximately $283,000. Finally, Raymond James & Associates boosted its position in The Taiwan Fund by 11.7% in the 4th quarter. Raymond James & Associates now owns 16,980 shares of the company’s stock worth $638,000 after purchasing an additional 1,773 shares in the last quarter. Hedge funds and other institutional investors own 87.35% of the company’s stock.

About The Taiwan Fund

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The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by JF International Management Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.

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